https://www.taxtmi.com/article/detailed?id=15639 Central excise is a levy on manufacture and transaction value is relevant only after manufacture of movable excisable goods is established; a steam generating plant erected at site by assembling CKD parts and bought out items with substantial civil works is immovable and not excisable, so prices of duty paid bought out items supplied to site cannot be included in the assessable value of CKD boiler clearances, and extended limitation cannot be invoked absent positive evidence of deliberate suppression. en-us Sat, 20 Dec 2025 07:49:56 +0530 Sat, 20 Dec 2025 07:49:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=15639 Central excise is a levy on manufacture and transaction value is relevant only after manufacture of movable excisable goods is established; a steam generating plant erected at site by assembling CKD parts and bought out items with substantial civil works is immovable and not excisable, so prices of duty paid bought out items supplied to site cannot be included in the assessable value of CKD boiler clearances, and extended limitation cannot be invoked absent positive evidence of deliberate suppression. Articles Central Excise Sat, 20 Dec 2025 07:49:56 +0530 https://www.taxtmi.com/article/detailed?id=15639